A Deep Dive Into Alternative Credit Markets

The video discusses the evolution of the credit market since 2008, highlighting the impact of regulations in the US and Western Europe on market opportunities. It emphasizes the importance of focusing on companies rather than sectors in direct lending, avoiding those with high exposure to foreign exchange, M&A, and commodities. The ECB's decision to buy non-bank investment grade corporate debt is analyzed, with a cautious outlook on Europe. Opportunities in the energy sector are explored, focusing on companies with strong management and capital structures.

What changes in regulations have impacted the banks' ability to finance companies?

How has the current market environment created opportunities for investors?

What specific sectors or companies is the speaker avoiding in their direct lending business?

What is the speaker's perspective on the energy market and potential defaults?

What factors does the speaker consider important when investing in companies within the energy sector?